In the fast-paced world of travel rewards credit cards, the choice between Discover it Miles and Capital One Venture Card can be a daunting one. Let's take a closer look at the unique features of each card to help you make an informed decision.
Discover Miles vs. Capital One Venture: General Comparison
The Discover it Miles and Capital One Venture are two popular travel rewards credit cards that offer a variety of benefits to cardholders. Both cards offer a generous signup bonus, no foreign transaction fees, and the ability to redeem rewards for travel.
While the Discover rewards ratio is lower and it offers less travel perks, it has no annual fee and offers 0% intro APR, which the Venture card doesn't provide.
Discover it Miles | Capital One Venture | |
Annual Fee | $0 | $95 |
Rewards | unlimited 1.5x miles for every dollar spent on all purchases | 2X miles per dollar on every purchase, plus 5X miles on hotels and rental cars booked through Capital One Travel |
Welcome bonus | All miles earned at the end of the first year are matched. | 75,000 miles once they spend $4,000 on purchases within 3 months from account opening |
0% Intro APR | 15 months on purchases and balance transfers | N/A |
Foreign Transaction Fee | $0 | $0 |
Purchase APR | 17.24% – 28.24% Variable | 19.99% – 29.99% (Variable) |
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Credit Card Points Battle: A Side-by-Side Analysis
The Capital One Venture card provides a superior miles rewards ratio, and our analysis reveals a substantial disparity in rewards.
Spend Per Category | Discover it Miles | Capital One Venture |
$15,000 – U.S Supermarkets | 22,500 miles | 30,000 miles |
$5,000 – Restaurants
| 7,500 miles | 10,000 miles |
$5,000 – Airline | 7,500 miles | 10,000 miles |
$5,000 – Hotels | 7,500 miles | 25,000 miles |
$4,000 – Gas | 6,000 miles | 8,000 miles |
Estimated Annual Value | 51,000 miles (About $510) | 83,000 points ( $830) |
Discover Miles vs. Capital One Venture: Compare Perks
The Discover Miles card rewards are very basic, while the Venture card offers more premium perks, such as lounge access and TSA PreCheck reimbursement.
Discover it Miles
Online Privacy Protection: Safeguard your personal information by regularly removing it from specific people-search websites that might sell your data. Activate this free service through the Discover app.
View your FICO® Score for Free: Check your Credit Score without affecting your FICO® Score—it's a complimentary feature that provides insight into your credit health.
Capital One Venture
- Capital One Dining and Entertainment: Enjoy exclusive reservations at award-winning restaurants and access to culinary experiences, as well as exclusive pre-sales, tickets, and more for music, sports, and dining events.
- Capital One Lounges: Cardholders can escape airport crowds by accessing all-inclusive Lounges with unlimited complimentary access for themselves and two guests per visit.
- Hertz Gold Plus Rewards President's Circle® status: Venture X cardholders are eligible for complimentary Hertz President’s Circle status, allowing them to skip the rental counter, choose from a wide selection of cars, and receive guaranteed upgrades.
- Global Entry or TSA PreCheck® Credit: Receive up to a $100 credit for Global Entry or TSA PreCheck®.
- Partner Lounge Network: Enjoy unlimited access for yourself and two guests to over 1,300 lounges worldwide from Priority Pass™ and Plaza Premium Group.
- Miles Redemption: Use your Capital One miles to cover various travel expenses, such as flights, hotels, rental cars, and transfer miles to a choice of 15+ travel loyalty programs.
- Auto Rental Collision Damage Waiver: Enjoy primary coverage against theft and collision damage for most rental cars globally, provided you opt out of the rental company's insurance. Reimbursement extends up to the actual cash value of the vehicle.
- Purchase Protection: Safeguard your new purchases from damage or theft with comprehensive coverage.
When You Might Prefer The Discover it Miles?
The Discover it Miles might be your preferred choice if:
- You Want No Annual Fee Card: If you prefer to avoid an annual fee, the Discover it® Miles could be a better fit.
- You Want 0% Intro: If you're looking to leverage 0% intro APR on purchases and balance transfers, you'll be able to do it only with the Discover Miles card.
- You Have a Lower Score: The Required credit score for the Discover Miles card is lower compared to the Venture card, so if you can't meet the Venture requirements – it can be a good alternative.
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When You Might Prefer the Capital One Venture Card?
The Capital One Venture Card might be your preferred choice if:
- You Want Premium Benefits: The Capital One Venture Card comes with additional perks like Global Entry or TSA PreCheck fee reimbursement, which can enhance the overall travel experience. If you frequently find yourself in airport lines, these benefits can be valuable.
- You Want Higher Rewards Rate: The Capital One Venture card earns 2 miles per dollar spent on all purchases, while the Discover it® Miles card only earns 1.5 miles per dollar.
- You Want More Flexible Redemption Options: The Capital One Venture card allows you to redeem your miles for a wider variety of travel options, including travel statement credits, transfers to airline and hotel partners and more.
Compare The Alternatives
Whether you're seeking travel rewards, a straightforward cashback system, or specific perks tailored to your lifestyle, these alternatives have something for everyone.
Chase Sapphire Preferred® Card | American Express® Gold Card | Wells Fargo Autograph℠ Card | |
Annual Fee | $95
| $325 | $0
|
Rewards |
2X – 5X
5x total points on travel purchased through Chase Travel, 3x points on dining, online grocery purchases and select streaming services. 2x on other travel purchases. Plus, earn 1 point per dollar spent on all other purchases.
|
1X – 4X
4X points at restaurants (including Uber Eats purchases in the U.S.) and U.S. supermarkets (up to $25,000 per year in purchases, then 1X points), 3X points on flights booked directly with airlines or on amextravel.com, 2X points on rental cars through amextravel.com and 1X points on all other purchases
| 1X – 3X
3X points on restaurants, travel, gas stations, transit, popular streaming services, and phone plans. Also, earn 1X points on other purchases
|
Welcome bonus |
60,000 points
60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
|
60,000 points
60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Plus, receive 20% back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months of Card Membership, up to $100 back. Limited time offer. Offer ends 11/6/24.
| 20,000 Points
20,000 bonus points when you spend $1,000 in purchases in the first 3 months
|
Foreign Transaction Fee | $0 | None
| $0
|
Purchase APR | 21.24%–28.24% variable APR
| N/A
| 20.24% – 29.99% variable
|
Compare Discover It Miles
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